The Department of Finance (DOF) said the Marcos administration has successfully surpassed its target proceeds for the sale of onshore retail dollar bonds (RDBs). Finance Secretary Benjamin E. Diokno said on Tuesday, Oct. 3, that the Bureau of the Treasury has generated over $1.03 billion in funds...
The national government's debt rose by double digits last August, driven by higher borrowings from both local and foreign lenders, the Bureau of the Treasury reported. The government's outstanding debt reached P14.349 trillion as of August 2023, a 10 percent increase from P13.021 trillion in the...
The national government faced difficulties in selling its short-term debt papers as banks demanded higher returns. On Monday, Oct. 2, the Bureau of the Treasury held an auction for Treasury bills (T-bills) with the goal of raising P15 billion. However, the agency fell short of its target, managing...
EMBARGOED UNTIL MONDAY, OCT. 2, 12:00AM The government's target for the retail dollar bonds (RDB) is expected to be exceeded, as the Bureau of the Treasury reported a strong demand for investment instruments. During the Chat with SBED briefing last Friday, Sept. 29, Officer-in-Charge Treasurer...
The Marcos administration has scaled back its borrowing plan for the next month in light of the retail dollar bond sale, which is slated to conclude in the first week of October, data from the Bureau of the Treasury showed. In a memorandum posted on the Treasury website on Thursday, Sept. 28, the...
President Marcos' top economic manager stated that the ongoing sale of dollar-denominated retail Treasury bonds is a major step towards achieving financial inclusion for Filipinos. Finance Secretary Benjamin E. Diokno said the second sale of retail dollar bonds (RDB) contributes to fostering...
The government has successfully raised $611.2 million through the sale of retail dollar bonds (RDBs), marking President Marcos' first-ever issuance of such instruments to local investors, particularly overseas Filipino workers (OFWs). The Bureau of the Treasury had initially planned to offer $200...
The government was not able to secure P30 billion in long-term securities amid hawkish signals from local monetary officials on possible hike in key interest rates. On Monday, Sept. 26, the Bureau of the Treasury rejected all bids for the reissued three-year debt papers. These IOUs were initially...
Investors pressed anew for an increase in benchmark interest rates for short-term loans. The national government raised P15 billion as planned with the full-award of Treasury bills at the weekly auction held Monday, Sept. 25. The auction was near three-times oversubscribed with total tenders...
The Bureau of the Treasury is offering a new investment option in US dollars for Filipino savers to help meet the budget needs of the Marcos administration. The Treasury has posted a notice on its website on Monday, Sept. 25 stating that retail onshore dollar bonds (RDB) will be issued, with a...
The national government sold all the short-term debt papers it offered, taking advantage of lower interest rates. On Monday, Sept. 18, the Bureau of the Treasury held a successful auction for Treasury bills (T-bills), raising P15 billion, the intended target. The total bids received...
The Marcos administration's July borrowings dropped by almost a quarter, mainly due to a reduction in loans acquired from local creditors. According to the Bureau of the Treasury, government borrowing in July amounted to P131.94 billion, a 24 percent decrease from the P174.95 billion recorded in...
